Equipment Leasing
Whether you are a sole proprietorship, partnership, government agency, non-profit organization or corporation, leasing equipment through Northland Capital can help your organization grow.
Leasing is one of the fastest growing ways of acquiring equipment in business today. Leasing can put the equipment to work for you with real cash flow advantages without using major capital investment.
- Down Payments – Most leases require only one or two payments in advance. Get immediate use of the equipment and keep your cash available for other opportunities.
- Significant Tax and Accounting Advantages – Operating lease payments are generally a line item overhead expense on your tax statements. Therefore, you are able to pay for the equipment with pre-tax dollars rather than after-tax profits. Leasing keeps equipment – and debt – off your balance sheet.
- Preserve Existing Lines-of-Credit – Leasing has no impact on your bank credit lines. Protect your borrowing power for other operational needs.
- Convenient Source to Additional Capital – Keep your business’ cash for future needs, unexpected expenses or working capital when revenues are low.
- Fixed Payments – Lease payments are fixed no matter what happens in the market.
- Planning Flexibility – Structure payments around your operation with leasing that allows the revenue generating power of your equipment to cover equipment costs.
- Section 179 – Certain lease structures qualify for the Economic Stimulus Act deductions and bonus depreciation.